GREY:VFGGF - Post by User
Post by
bankerboy28on Jan 19, 2014 2:40pm
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Post# 22109087
Insiders must be
Insiders must be
surprised big time....insiders bought over the last 4 months approximately 5.250,000 shares on the open market between prices as low as 44 cents and high as 57 cents.....now its at 20.5 cents....I think they are surprised by the over reaction because as insiders they must have know what the company results were going to be trending at...I do not think that they are that inept that they would buy over 5 million shares with their own money if they thought or knew the results would have had such a significant downside reaction...obviously any takeover offer would have to be at minimum in the 50-60 range and thats quite a positive run from current price.....BB28